NOT LISTED FOR SALE

Estimated Value: $1,980,000 - $2,957,000

2 Beds
1 Bath
-- Sq Ft
0.25 Acres

Last Sold June 28, 2024

Last sale price $2,605,000

Est. 17% decrease in value since last sale

Current estimated payment $12,319/month

3 Days on Market

Highlights

  • Laundry Room
  • Garage
  • Partially Fenced Property
  • Franklin Elementary School Rated A-

About This Home

As of June 2024

Charming Lower Riviera Compound. Ocean, Riviera and City views. Extraordinary .25 acre property in a wonderful Lower Riviera Eastside neighborhood convenient to Downtown, SB Bowl, East Beach. Best Santa Barbara Lifestyle Vibes!

Residence One: 1238 East Cota
Super Charming 1920's Home with Ocean, Riviera and City Views 2 Bedrooms 1 Bath Formal Dining Room Wonderful wrap around view deck.Nice front Riviera View patio and garden

Residence Two: 1238 1/2 East Cota ''The Hideaway''
Super Cozy Secondary Home at garden level. Attached and below 1238 E Cota. 2 bedrooms 1 bath. Wonderful covered dining patio. Residence Three: 1240 East Cota
Charming! 1940's Carriage House built above 3 car garage. Wonderful Ocean & City views. One Bedroom. Living Room opens to sweet view balcony.Private garden and spa

Last Agent to Sell the Property

Beverly Palmer

Compass License #01319565 Listed on: 06/10/2024

Compass

Co-Listed By

The Morehart Group

Compass License #00828316 / 01130349 / 02025980 / 01319565

Last Buyer's Agent

Natalie Collins-Smith

Cooper Collins Smith Realty License #02033206

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x160
  • Partially Fenced Property
  • Property is in good condition

Parking

  • Garage

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Franklin Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 3 Units
  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-253-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: COMPCA4
  • Co List Office Phone: 805-253-7700
  • Subdivision Name: 15 - Riviera/Lower
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1925
  • Property Information Apx # Acres: 0.25
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Laundry Laundry Room2: Yes
  • Security Smoke Detector(s)2: Yes
  • Condition Good2: Yes
  • Property Information Apx Lot Size FxD: 60X160
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Parking Info Gar #35: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.25

Garage/Parking

  • Parking Features: Gar #3

Schools

  • Elementary School: Franklin
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 031-253-004
  • Zoning: R-2
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Dongieux Family Trust and Dongieux Gene
Bought by
E Cota Llc and Dongieux
Current Estimated Value
$2,163,980

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jun 25, 2024
Sold by
Cervantes Trust and Cervantes John Alexander
Bought by
Dongieux Family Trust and Dongieux
Seller's Agent
Beverly Palmer
Compass
Buyer's Agent
Natalie Collins-Smith
Cooper Collins Smith Realty
List Price
$2,595,000
Sold Price
$2,605,000
Premium/Discount to List
$10,000
0.39%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.93%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Barash Scott Neil and Pentland Deborah Ann
Bought by
Cervantes John Alexander and Cervantes Trust

Purchase Details

Closed on
Jun 21, 2002
Sold by
Cervantes John Alexander
Bought by
Cervantes John Alexander

Purchase Details

Closed on
Apr 5, 2002
Sold by
Peterson Diane E and Peterson Arthur B
Bought by
Barash Scott Neil and Pentland Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,900
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
E Cota Llc -- None Listed On Document
E Cota Llc -- None Listed On Document
Dongieux Family Trust -- None Listed On Document
Dongieux Family Trust $2,605,000 Fidelity National Title
Cervantes John Alexander -- None Available
Cervantes John Alexander -- First American Title
Barash Scott Neil -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barash Scott Neil $599,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $2,605,000 0.0% --
06/28/2024 06/28/24 Sold $2,605,000 +0.4% -- View Prior Sale
06/14/2024 06/14/24 Pending -- -- --
06/14/2024 06/14/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,595,000 0.0% --
06/10/2024 06/10/24 For Sale $2,595,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,984 $2,657,100 $1,122,000 $1,535,100
2023 $12,984 $1,200,033 $912,638 $287,395
2022 $12,530 $1,176,504 $894,744 $281,760
2021 $12,242 $1,153,436 $877,200 $276,236
2020 $12,115 $1,141,610 $868,206 $273,404
2019 $11,904 $1,119,227 $851,183 $268,044
2018 $11,736 $1,097,283 $834,494 $262,789
2017 $11,349 $1,075,769 $818,132 $257,637
2016 $11,108 $1,054,677 $802,091 $252,586
2014 $10,697 $1,008,000 $767,000 $241,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1895

Santa Barbara Multiple Listing Service

APN: 031-253-004